MS3227 - Probability Theory in Decision Making | ||||||||||
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| * The offering term is subject to change without prior notice | ||||||||||
Course Aims | ||||||||||
This course aims to introduce students to various topics in probability and uncertainty that they will encounter in business studies, and to help students in developing probabilistic thinking in business applications. In addition to the introduction of basic concepts, topics are illustrated with examples in the business context. | ||||||||||
Assessment (Indicative only, please check the detailed course information) | ||||||||||
Continuous Assessment: 50% | ||||||||||
Examination: 50% | ||||||||||
Examination Duration: 3 hours | ||||||||||
Written Examination The examination will assess the students' ability to select and apply the probability concepts and methods to solve business problems and to interpret the implications of probability concepts in real-world decision making. | ||||||||||
Detailed Course Information | ||||||||||
| MS3227.pdf | ||||||||||
